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LUX (By Marcel Durham)

Gain : +13309.62%
Drawdown 11.82%
Pips: 14385.1
Trades 387
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Unknown

LUX Discussion

Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 08:10
I have published the result of my trading based on my developed trading system.
For details, you can write me a message.
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 08:11
MarcellusLux posted:
I have published the result of my trading based on my developed trading system.
For details, you can write me a message.

Email

[email protected]
@Marcellus8610
Henry (FirstHero)
Member Since Sep 19, 2019   16 posts
Jul 30, 2021 at 08:36
Please more information about strategy
Do not be greedy and invest in your business as much as you can.
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 08:57
FirstHero posted:
Please more information about strategy

Technical analysis (MACD + EMA + RSI, Trend + Key levels)
Fundamental analysis for assessing risks in the news environment and assessing the impact of events on the price.
Developed individual system for assessing possible scenarios and risks associated with them. It provides the control over the market situation and the maximum benefit from each trading position.
@Marcellus8610
Henry (FirstHero)
Member Since Sep 19, 2019   16 posts
Jul 30, 2021 at 09:03
MarcellusLux posted:
FirstHero posted:
Please more information about strategy

Technical analysis (MACD + EMA + RSI, Trend + Key levels)
Fundamental analysis for assessing risks in the news environment and assessing the impact of events on the price.
Developed individual system for assessing possible scenarios and risks associated with them. It provides the control over the market situation and the maximum benefit from each trading position.
Thanks, that looks nice
Do not be greedy and invest in your business as much as you can.
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 09:05
Previously, I traded using fundamental analysis as a basis for long-term trading, but after a few years of trading, I realized that the result is not as good as I would like to get. And using the experience and skills that I already have, I put together a team that helped me create a new system, which at the moment is showing excellent results.
@Marcellus8610
Terentius (Siomo)
Member Since Jul 27, 2021   20 posts
Jul 30, 2021 at 09:15
Nice money management

Please maybe you could share some advice about the rules is needed?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 09:32
Siomo posted:
Nice money management

Please maybe you could share some advice about the rules is needed?
Thank you

Trading plan
Complete analysis of trading history
Calculation of probable risks
News monitoring
Trust in the trading system
I wrote a little about risks here: https://www.myfxbook.com/community/general/money-management-tips/2488144,7#postRow509707
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 09:33
Siomo posted:
Nice money management

Please maybe you could share some advice about the rules is needed?
I know how my trading system works, I know how the trade will or may run, because I try to consider all scenarios and see all possible risks. I know how to act in case of these scenarios, because I have a trading plan. Therefore, the secret is quite simple. You need to reduce the number of unknown factors.
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Jul 30, 2021 at 09:34
You can also visit the website,
find in bio
@Marcellus8610
Terentius (Siomo)
Member Since Jul 27, 2021   20 posts
Jul 30, 2021 at 10:01
MarcellusLux posted:
Siomo posted:
Nice money management

Please maybe you could share some advice about the rules is needed?
Thank you

Trading plan
Complete analysis of trading history
Calculation of probable risks
News monitoring
Trust in the trading system
I wrote a little about risks here: https://www.myfxbook.com/community/general/money-management-tips/2488144,7#postRow509707
Thanks,
do you trade during on news movements?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Aug 03, 2021 at 11:35
Siomo posted:
MarcellusLux posted:
Siomo posted:
Nice money management

Please maybe you could share some advice about the rules is needed?
Thank you

Trading plan
Complete analysis of trading history
Calculation of probable risks
News monitoring
Trust in the trading system
I wrote a little about risks here: https://www.myfxbook.com/community/general/money-management-tips/2488144,7#postRow509707
Thanks,
do you trade during on news movements?

I use news analysis in my trading system and the data I receive can influence my trading actions. I trade only If my trading plan takes into account all the risks associated with trading at the time of release and these risks will meet the requirements of the strategy.
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Aug 04, 2021 at 10:44
Now only USDJPY is left

Attachments:

@Marcellus8610
Terentius (Siomo)
Member Since Jul 27, 2021   20 posts
Aug 06, 2021 at 12:20
Are you a bitcoin (crypto) believer, what do you think about it?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Aug 13, 2021 at 13:36
Siomo posted:
Are you a bitcoin (crypto) believer, what do you think about it?
Yes, I believe in the future of cryptocurrencies and their strong place in the global financial system. I do not think that the fact that Bitcoin is growing now (and so far all technical indicators show the growth will continue, and investor confidence is strengthening again) or its shortly fall before the reversal is something frightening or unusual. This is a currency market and fluctuations, volatility and the influence of fundamental releases affect the price... this is normal. And it would be strange if this did not happen. Therefore, I see the prospect of investing in the development of cryptocurrency.
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Aug 16, 2021 at 07:14
Dollar Yen and Pound Yen
109.4 target has been reached on UJ


Attachments:

@Marcellus8610
Henry (FirstHero)
Member Since Sep 19, 2019   16 posts
Aug 16, 2021 at 12:22
MarcellusLux posted:
Dollar Yen and Pound Yen
109.4 target has been reached on UJ

Excellent trades on jpy pairs and what the patience to wait until Monday.
Do not be greedy and invest in your business as much as you can.
Marcel Durham (MarcellusLux)
Member Since May 19, 2020   340 posts
Aug 17, 2021 at 10:13 (edited Aug 17, 2021 at 10:13)
Thanks @FirstHero
I was just keeping the trading plan. I planned to trade the Dollar Yen to 109.4, but that level was broken and I closed the trade lower at 109.34.
The key level Pound Yen was 151.5

Patience makes possible to achieve the correct planning and implementation of the plan.
@Marcellus8610
Member Since Jul 29, 2021   33 posts
Aug 18, 2021 at 08:07
MarcellusLux posted:
Thanks @FirstHero
I was just keeping the trading plan. I planned to trade the Dollar Yen to 109.4, but that level was broken and I closed the trade lower at 109.34.
The key level Pound Yen was 151.5

Patience makes possible to achieve the correct planning and implementation of the plan.

The important point is the difference between patience and greed. I see that you are an experienced trader and I am sure that you have experienced this feeling. Patience is control and greed is chaos. I believe that a trader should understand when patience works and when greed starts.
Henry (FirstHero)
Member Since Sep 19, 2019   16 posts
Aug 20, 2021 at 10:56
Lionkingdom posted:

The important point is the difference between patience and greed.

Greed cannot exist where there is a good trading plan with clear rules.
Do not be greedy and invest in your business as much as you can.
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